Regular License:

1.The Regular License grants you, the purchaser, an ongoing, non-exclusive, worldwide license to make use of the digital work (Item) you have selected.
2.You are licensed to use the Item to create one single End Product for yourself or for one client (a “single application”), and the End Product can be distributed for Free.
3.An End Product is a work that incorporates the Item as well as other things, so that it is larger in scope and different in nature than the Item.
4.You can create one End Product for a client, and you can transfer that single End Product to your client for any fee. This license is then transferred to your client.
5.You can make any number of copies of the single End Product, as long as the End Product is distributed for Free.
6.You can modify or manipulate the Item. You can combine the Item with other works and make a derivative work from it. The resulting works are subject to the terms of this license. You can do these things as long as the End Product you then create is one that’s permitted under clause 3.
7.You can’t Sell the End Product, except to one client. (If you or your client want to Sell the End Product, you will need the Extended License.)
8.You can’t re-distribute the Item as stock, in a tool or template, or with source files. You can’t do this with an Item either on its own or bundled with other items, and even if you modify the Item. You can’t re-distribute or make available the Item as-is or with superficial modifications. These things are not allowed even if the re-distribution is for Free. You can’t license an item and then make it available as-is on your website for your users to download.
9.Although you can modify the Item and therefore delete unwanted components before creating your single End Product, you can’t extract and use a single component of an Item on a stand-alone basis.
10.You must not permit an end user of the End Product to extract the Item and use it separately from the End Product.
11.You can’t use an Item in a logo, trademark, or service mark.
12.This license can be terminated if you breach it. If that happens, you must stop making copies of or distributing the End Product until you remove the Item from it.
13.The author of the Item retains ownership of the Item but grants you the license on these terms. This license is between the author of the Item and you.

Definitions:

End Product - See clause 3 of this license.
Free - No fee is paid by the end user to access the End Product. The End Product is not sold. No fee is paid to subscribe to a service that includes the End Product (eg a website subscription fee).
Sell or Sold - Sell, license, sub-license or distribute for any type of fee or charge.

10 Reasons Why Timetracking is Crucial for Freelancers

Those in traditional jobs often “clock-watch” so they know when their day is done. That doesn’t seem to happen when you are a freelancer because you are usually either so busy you don’t know where the day went or you are making yourself busy with multiple distractions that you still don’t know where the day went.

For freelancers, the workday seems to melt away without actually knowing how all the time was spent. If you are not using that time to make money, you are essentially wasting time and money.

Beyond just trying to figure out how you used your time, there are 10 more reasons why you should track your freelance workday that can result in greater productivity, customer satisfaction, and profitability.

1. Accurate billable time

You don’t want to shortchange the time you spent on a freelance project nor do you want to overcharge your clients. If anyone questions the time you spent on which tasks, you have an accurate, detailed accounting of your billable time.

2. Minimize — or eliminate — multitasking

Despite what many may think about the value of multitasking, it actually leads to getting less done. Instead, it’s more effective to put all your focus on one project at a time rather than splitting it across two or more projects. You are more likely to produce higher quality work plus maximize your time to fit in more work than ever before. Tracking time will help you see the reason why multitasking isn’t the best strategy.

3. Greater accountability

While you may not think you spent too much time on Facebook or Instagram, catching up while you are brainstorming the next article or phase of a project’s development, a time tracking tool will give you the evidence you need to see about where your time is really going.

Seeing how each minute is spent can make you more accountable to staying on task and using the majority of your time for productive, money-generating work.

4. Professional image

Despite gaining in popularity, freelancers may still be viewed by some as amateurs, running a “small time” operation from their living room. However, by keeping accurate records and sharing precise details of how project time was spent, your clients will be impressed and will increase the trust they place in you as a professional partner.

5. Better estimates

Looking at the time you spent on previous projects can help you deliver better estimates of the cost and time on future projects with existing or new clients. This improves expectations levels while reducing any areas for conflict if you realize later on you underbid the project or promised too much.

6. Client analysis

There are some clients that may not be the best for your time and effort, but you will only know this — accurately — if you track the amount of time you put into each account and assess what profit you get from the relationship. If you see you are spending more time than what the job is worth, you can drop that client and leave the door open for one that is a much better fit in terms of return on time investment.

7. Task delegation

Before dropping those clients, however, see if you might be able to outsource that work to someone new to the field of freelancing who can get the work done for you at a lower rate so you can focus on those clients where you can get more value for the time/money relationship.

If there are tasks in your business that you are not as good at and are taking you away from making more money, see if you can delegate those to others that specialize in those areas. Assessing the time you earn back from delegating that you can put toward making more money can provide you with key insights.

8. Improved financial decisions

Studying the time you put into your business can show you if the freelance life is worth it for you or if there are ways you can make improvements to it so you can make more money while working less, or at the very least, being able to make a living with what you are doing now.

Assessing time and money for the designated time you are using, can give you a bigger financial picture of how you are doing, which often goes unchecked because of the day-to-day activities that distract you from taking a closer look at your processes.

9. Windows of productivity

Looking at how you spend your time and the times of day where you are the most productive can help you to reframe your workday around those periods.

For example, if you see that you were able to make more money during the early hours of the morning or late at night compared to other periods where you had the most distractions, then you can schedule your day around those habits and events.

It’s okay to have productive and unproductive periods in the day, so time tracking what those are simply will lead to a happier freelancer.

10. Progress, motivation, and goal setting

Even though you love freelancing, there may be times where you may feel like a hamster on a wheel. However, by accounting for your time and getting a visual picture of how productive you have been, you can increase the likelihood of staying motivated.

Having time tracking ability also gives you a set of quantitative data to work with to set new goals for each quarter or year you are in the freelance business — so you can continue to see progress and maintain that motivation momentum.

In every way, it makes dollars and “sense” for freelancers to invest in time tracking.

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Support & Help

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